Stephen Shinhak Kahng Acquires Office Buildings In Midtown Manhattan For $12M Represented By Newmark

The property asset involved in this transaction is located at 31 West 54th Street & 33 West 54th Street in Midtown Manhattan. The asset is classified as an office space with a total square footage of 13,839. The sale price for this transaction was $12,000,000, resulting in a price per square foot of $867.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $12,000,000
• Square Footage: 13,839
• Price Per Square Foot: $867
• Buyer: Stephen Shinhak Kahng
• Seller: M Y Realty
• Brokers: Adam Doneger, Brett Siegel, Eric Roth, Maurice Suede, Mike Kavanagh & Tyler Signora - Newmark

The transaction was represented by multiple brokers from Newmark, highlighting the involvement of Adam Doneger, Brett Siegel, Eric Roth, Maurice Suede, Mike Kavanagh, and Tyler Signora in facilitating the deal between the buyer and seller.